“Our members see their businesses growing in China and continue to invest to tap the expanding market opportunity. At the same time, members voice concern about cost pressures and the fairness of the playing field.”
Ted Dean, Chairman, AmCham China
Businesses and policymakers rely on the latest data and information to make timely, informed decisions. Now in its 14th year, AmCham China’s Business Climate Survey takes the measure of the business landscape, as reported by our members engaged in business throughout China, and provides updated information on current conditions and business performance. Survey participants include AmCham China member companies in Beijing and throughout China, including AmCham China Chapter cities of Tianjin, Northeast China (Dalian) and Central China (Wuhan).
AmCham China’s 2012 Business Climate Survey Key Findings and Observations
After several years of strong growth, US companies in China have begun to temper their growth outlook due to increasing concerns about slower economic growth and rising labor costs.
Despite added pressures, China is increasingly viewed as a major growing market: 82 percent of respondents surveyed plan to increase investment in their China operations in 2012, with 66 percent saying their goal is to produce goods and services for China, an 8 percent increase from two years ago. “But after several years of extremely strong sales expansion, many are now reporting a slight slowdown in the pace of growth, in keeping with China’s own efforts to cool the pace of GDP gains,” said AmCham China Chairman Ted Dean.
Despite plans to boost investment, 89 percent of member companies believe China is losing its competitive advantage due to rising costs, up 11 percent from last year. Just over three quarters of respondents said the cost of social benefits would hurt their operations, compared to 53 percent a year ago.
Seventy-nine percent of respondents rate China’s enforcement of intellectual property rights as ineffective. The percentage of respondents who rated China’s IPR enforcement as effective declined 9 points from last year. “At the time of the survey, respondents reported seeing little progress on IPR protection, though new government initiatives announced last year may yield improvements”, said AmCham China Chairman Ted Dean.
Nearly three quarters of respondents believe that slow or unstable Internet access affects their ability to efficiently conduct business in China.
Full report and analysis of the business climate based on input from AmCham China members throughout China. The full printed version of the 26-page Business Climate Survey will be sent to members along with the April 2012 edition of China Brief.Download the 2012 Business Climate Survey
View a presentation of the survey results given by Greg Gilligan, AmCham China Vice Chair (12m:57s).Watch the webinar
Read about the survey in an article from AmCham China’s monthly magazine that includes analysis from AmCham China and insights from China experts. From the April 2012 issue of China Brief.Read the China Brief article
“Read All About It!” News release distributed to key reporters.Read the press release
Read AmCham China’s 2011 American Business in China White Paper, which includes the results of the 2011 Business Climate Survey.Read the 2011 White Paper
Look at some of the key issues faced by the US business community in 2011.Download the 2011 Business Climate Survey
All events will take place from 12-2 PM in the AmCham China Conference Center